Knowledge · Global
Plain-English guides to the numbers behind a small business, and to using AI with your own accounting data. Written and reviewed by a Chartered Accountant.
Budget vs actual sets each line of the month's profit and loss beside what you planned for it, and shows the difference in money and as a percentage, marked favourable or adverse. Nella does this from the overall budget you…
Read guideAn AI company secretary keeps track of a company's statutory dates, such as the confirmation statement and annual accounts, flags where the books and the public register disagree, and papers board decisions. Nella does this for UK companies and prepares…
Read guideAI can check payroll against the cash you will have on the pay date, not just today's balance: it counts the payments due before payday, the customer receipts you are expecting, and payroll tax already falling due. Nella runs that…
Read guideIt can, if every entry is shown to you first and posts only when you approve it. With Nella, you describe the entry in plain English, Nella builds it from your own accounts and contacts, shows it on a card…
Read guideAI can check whether a month's books can be relied on before you report from them: whether income and costs are all posted, the bank is reconciled, payroll is in, and the balance sheet holds no unexplained balances. Nella's Financial…
Read guideYes. AI accounts payable reads the bills in your accounting software and checks each one against its document and the supplier's history: a possible duplicate, coding that does not fit, an unusual amount. Nella runs that check every night, shows…
Read guideYes, up to a point. AI credit control reads your sales ledger, works out who is overdue and by how long, and drafts a chase message for each customer in a tone based on how they have paid before. With…
Read guideAn AI finance director reads your live accounting data and the work of the other finance roles, then gives one ranked answer to "what needs me?": the items that matter most this week, how the business is performing, and what…
Read guideAn AI finance team is a set of AI agents that each cover one finance role (finance director, management accountant, financial controller, treasury, receivables, payables, tax and compliance, payroll and company secretary), working from your live accounting data. Each answers…
Read guideOn its own, ChatGPT has never seen your books: it answers from general knowledge or from figures you paste in. To ask about live accounting data, you add an app in ChatGPT that connects to Xero, QuickBooks, Sage or FreeAgent…
Read guideClaude can answer from your live accounting data once you add a connector: a link to an outside service that Claude can call during a conversation. You add the connector in Claude's settings, sign in to the provider and approve…
Read guideAn AI finance agent reads your accounting data, answers questions and prepares work such as chase messages, journals or board minutes. Human approval means none of that work changes your books or leaves the business until a person has seen…
Read guideTax dates, filing rules and local terms differ by country. Market guides carry the tax year and cite the tax authority.
Setting up Nella itself? The help centre has step-by-step guides.
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Nella provides financial information and education, not accounting or tax advice.